Post
Topic
Board Bitcoin Discussion
Re: To diversify or not to diversify...
by
Oilacris
on 09/06/2021, 21:29:59 UTC
So my wife and I started buying bitcoin a couple of months ago, and as of right now we're the proud owners of 0.4 of a bitcoin.

Since everything is so cheap right now, I want to invest some more of our savings before things pick up again.

Should we just be focusing on BTC, or would we be better off diversifying (maybe Etherium?).

We got into crypto in order to help us own a house and be able to be semi-retired within the next 10 years, if that helps.
Your choice but always remind off that nothing is guaranteed into this market thats why you should still need to be aware of the risk involved because there

would be no assurance that you would able to make money in next 10 years for you to be able to buy your house or had insured your retirement.

If you do tend to diversify then its your choice because its your money and you are the ones who would really be making out the last decision towards it.

but if were to say that diversifying is always been a good idea although depending on which coin you are tending to buy on.